WASHINGTON (AP) - Enron's board closed its
eyes to evidence the company was heading for financial disaster, and claims by
former directors that they were kept in the darkare untrue, a Senate report
concludes.

"Much that was wrong with Enron was known to
the board," the Senate Permanent Subcommittee on Investigations said in a
scathing 60-page critique.

SIDE NOTE: Wendy Gramm, wife of U.S. Senator Phil Gramm (R-Texas) sat on
Enron's Board of Directors. Mrs. Gramm's duties were to oversee the finances of
Enron. Senator Gramm announced his retirement months before Enron
collapsed. Senator Gramm has been lobbying hard against any further
government regulations of U.S. corporations.